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Vol 49 No 23

Published 14th November 2008


Zimbabwe

The Gono hot air balloon

The Reserve Bank Governor has declared war on the currency with disastrous results

Wresting the Finance Ministry from Robert Mugabe and his Zimbabwe African National-Patriotic Front (ZANU-PF) may prove a Pyrrhic victory for Morgan Tsvangirai and the Movement for Democratic Change (MDC) if the much-delayed power sharing government ever starts work. The Ministry has been reduced to a helpless spectator as all important financial decisions have been usurped by the Reserve Bank.

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